What are Fortinet's total assets?

Fortinet (FTNT) holds $9.9B in total assets, down 5.0% year over year.

How much debt does Fortinet have?

Fortinet carries $567.2M in total debt against $989.7M of shareholders' equity, a debt-to-equity ratio of 0.57.

How much cash does Fortinet have?

Fortinet holds $2.2B in cash and equivalents.

Can Fortinet cover its short-term obligations?

Its current ratio is 1.15 — current assets exceed current liabilities.

Where does Fortinet's balance sheet data come from?

Every line is extracted from Fortinet's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Fortinet FTNT Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$2.22B-10.9%	$2.5B+25.0%	$2B-40.8%	$3.37B-6.3%	$3.6B+25.1%
Short-term investments	$1.07B-1.5%	$1.09B-3.6%	$1.13B-5.6%	$1.19B+0.9%	$1.18B-0.6%
Accounts receivable, net	$1.49B-12.1%	$1.69B+44.8%	$1.17B-3.9%	$1.22B+3.6%	$1.17B-19.8%
Inventories	$369.6M-7.5%	$399.5M-6.4%	$426.6M+5.3%	$405.2M+11.7%	$362.7M+15.0%
Raw materials	$62.6M+1.1%	$61.9M-2.7%	$63.6M-11.7%	$72M-10.8%	$80.7M-11.2%
Work in process	$1.9M-36.7%	$3M-34.8%	$4.6M-4.2%	$4.8M-9.4%	$5.3M+29.3%
Prepaid expenses and other current assets	$181.9M-19.9%	$227M+16.3%	$195.2M+20.1%	$162.5M+29.6%	$125.4M-0.6%
Total current assets	$5.33B-9.6%	$5.9B+20.1%	$4.91B-22.6%	$6.35B-1.5%	$6.44B+7.9%
Property and equipment, net	$1.69B+4.5%	$1.62B+0.9%	$1.61B+3.9%	$1.54B+10.0%	$1.4B+4.0%
Accumulated depreciation	$503.1M+4.4%	$481.9M+4.2%	$462.4M+1.7%	$454.8M+5.0%	$433M+4.1%
Goodwill	$257.4M0.0%	$257.4M-0.3%	$258.3M-0.2%	$258.9M+9.6%	$236.2M+0.3%
Equity securities	$29.5M-70.0%	$98.2M+0.1%	$98.1M+16.8%	$84M+24.3%	$67.6M+5.3%
Total assets	$9.88B-4.9%	$10.39B+11.0%	$9.36B-12.0%	$10.64B+2.3%	$10.41B+6.6%
Accounts payable	$238.7M+3.4%	$230.8M+4.3%	$221.3M-9.7%	$245.2M+9.2%	$224.5M+17.6%
Deferred revenue	$3.73B+2.5%	$3.64B+5.1%	$3.46B+1.4%	$3.41B+2.2%	$3.34B+1.9%
Current portion of long-term debt	$0-100%	$499.7M+0.1%	$499.4M—	——	——
Operating lease liabilities, current	$70.4M+95.0%	$36.1M-61.1%	$92.9M-0.5%	$93.4M+14.5%	$81.6M+150%
Total current liabilities	$4.62B-8.2%	$5.03B+5.2%	$4.79B+0.2%	$4.78B+1.0%	$4.73B+16.4%
Long-term debt	$496.8M0.0%	$496.6M0.0%	$496.5M0.0%	$496.3M0.0%	$496.2M-50.1%
Operating Lease Liabilities (Total)	$70.4M+7.5%	$65.5M-29.5%	$92.9M-0.5%	$93.4M+14.5%	$81.6M+3.2%
Other non-current liabilities	$148.3M+5.0%	$141.3M-8.1%	$153.7M+0.8%	$152.5M+8.1%	$141.1M+8.9%
Total liabilities	$8.89B-2.8%	$9.15B+6.1%	$8.63B+0.5%	$8.58B+1.6%	$8.44B+2.1%
Retained earnings	-$782M-54.0%	-$507.9M+47.0%	-$958.5M-363%	$364.4M+15.2%	$316.3M+370%
Accumulated other comprehensive income (loss)	-$27.7M-9.1%	-$25.4M-16.5%	-$21.8M-5.3%	-$20.7M+9.6%	-$22.9M+12.3%
Total stockholders' equity	$989.7M-20.0%	$1.24B+68.3%	$735.1M-64.3%	$2.06B+5.0%	$1.96B+31.4%
Total liabilities and stockholders' equity	$9.88B-4.9%	$10.39B+11.0%	$9.36B-12.0%	$10.64B+2.3%	$10.41B+6.6%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$0—	$0—	$0—	$0—	$0—
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$0—	$0—	$0—	$0—	$0—
AFS and Trading Securities - Unrealized Loss Position Fair Value	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
Finished goods	$305.1M-8.8%	$334.6M-6.6%	$358.4M+9.1%	$328.4M+18.7%	$276.7M+25.5%
Other Inventory, Net	$125.3M-8.9%	$137.5M-3.1%	$141.9M-3.1%	$146.4M-0.9%	$147.8M+2.1%
Deferred Tax Assets and Other Non-Current Assets	$117.1M-6.5%	$125.2M-7.3%	$135M+1.1%	$133.5M+11.1%	$120.2M-9.8%
Investments - Amortized Cost Basis	$1.38B+4.2%	$1.33B+0.7%	$1.32B+7.8%	$1.22B+6.2%	$1.15B+2.3%
Deferred tax assets	$1.3B-0.8%	$1.31B-3.9%	$1.37B-6.1%	$1.46B+3.2%	$1.41B+5.7%
Intangible assets — net	$87M-10.6%	$97.3M-11.7%	$110.2M-10.6%	$123.3M+1.7%	$121.2M+5.4%
Other intangible assets—net	$87M-10.6%	$97.3M-11.7%	$110.2M-10.6%	$123.3M+1.7%	$121.2M+5.4%
Investments	$339.7M0.0%	$339.7M+17.5%	$289.1M—	——	——
Other non-current assets	$117.1M-6.5%	$125.2M-7.3%	$135M+1.1%	$133.5M+11.1%	$120.2M-9.8%
Property, plant and equipment at cost	$2.19B+4.5%	$2.1B+1.6%	$2.07B+3.4%	$2B+8.9%	$1.84B+4.0%
Software and Technology Licenses, Net	$117.1M-6.5%	$125.2M-7.3%	$135M+1.1%	$133.5M+11.1%	$120.2M-9.8%
Accrued Manufacturing Costs	$292.4M-6.6%	$312.9M+14.1%	$274.3M-2.5%	$281.3M+12.4%	$250.2M-2.2%
Accrued Progress Collections and Price Adjustments	$3.63B+4.2%	$3.48B+9.1%	$3.19B+1.1%	$3.16B+2.5%	$3.08B-0.2%
Other Commercial Liabilities	$366.1M+3.2%	$354.6M+7.3%	$330.6M-2.5%	$339.1M-18.3%	$415M+22.8%
Accrued Liabilities, Current	$366.1M+3.2%	$354.6M+7.3%	$330.6M-2.5%	$339.1M-18.3%	$415M+22.8%
Compensation and benefits	$292.4M-6.6%	$312.9M+14.1%	$274.3M-2.5%	$281.3M+12.4%	$250.2M-2.2%
Contract Liabilities, Non-Current	$3.63B+4.2%	$3.48B+9.1%	$3.19B+1.1%	$3.16B+2.5%	$3.08B-0.2%
Deferred revenue, net of current portion	$3.63B+4.2%	$3.48B+9.1%	$3.19B+1.1%	$3.16B+2.5%	$3.08B-0.2%
Total Carrying Value of Debt	$500M-50.0%	$1B0.0%	$1B0.0%	$1B0.0%	$1B0.0%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$1.8B+1.6%	$1.77B+3.2%	$1.71B-0.1%	$1.72B+2.8%	$1.67B+2.0%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$700K0.0%	$700K0.0%	$700K-12.5%	$800K0.0%	$800K0.0%
Investments - Gross Unrealized Losses	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
Accrued inventory purchase commitments	$27.2M+1.9%	$26.7M-24.1%	$35.2M-16.0%	$41.9M-11.8%	$47.5M-12.0%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$1.7M+1,600%	$100K-50.0%	$200K-33.3%	$300K+50.0%	$200K-33.3%
Gross Unrealized Gains	$200K-86.7%	$1.5M+36.4%	$1.1M+1,000%	$100K-66.7%	$300K-57.1%
Total	$1.38B+4.2%	$1.33B+0.7%	$1.32B+7.8%	$1.22B+6.2%	$1.15B+2.3%
Due within one to three years	$339.7M0.0%	$339.7M+17.5%	$289.1M+158%	$112M+218%	$35.2M—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$1.04B+5.3%	$989M-3.9%	$1.03B-7.3%	$1.11B-0.5%	$1.12B-0.9%
Available for sale investments	$1.38B+4.0%	$1.33B+0.8%	$1.32B+7.9%	$1.22B+6.2%	$1.15B+2.2%
Capitalized Contract Cost, Net	$753.7M+2.5%	$735.5M+7.8%	$682.2M+2.5%	$665.4M+4.6%	$636.2M+2.1%
Common stock, par value (in dollars per share)	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common stock, shares authorized (in shares)	1.5B0.0%	1.5B0.0%	1.5B0.0%	1.5B0.0%	1.5B0.0%
Common stock, shares issued (in shares)	734M-1.2%	743M0.0%	742.9M-3.0%	765.6M-0.5%	769.2M+0.3%
Common Stock, Shares, Outstanding	734M-1.2%	743M0.0%	742.9M-3.0%	765.6M-0.5%	769.2M+0.3%
Long-term debt, gross	$500M-50.0%	$1B0.0%	$1B0.0%	$1B0.0%	$1B0.0%
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$3.2M-13.5%	$3.7M-9.8%	$4.1M-12.8%	$4.7M-7.8%	$5.1M-10.5%
Fair Value	$1.41B-1.1%	$1.43B+0.7%	$1.42B—	——	——
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$0—	$0—	$0—	$0—	$0—
Less than 12 months	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
12 months or more	$0—	$0—	$0—	$0—	$0—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$1.7M+1,600%	$100K-50.0%	$200K-33.3%	$300K+50.0%	$200K-33.3%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$1.7M+1,600%	$100K-50.0%	$200K-33.3%	$300K+50.0%	$200K-33.3%
Debt Securities, Available-for-Sale, Unrealized Loss Position	$1.38B+4.0%	$1.33B+0.8%	$1.32B+48.6%	$887.2M+87.4%	$473.5M+88.2%
Thereafter	——	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$163.8M+6.7%	$153.5M+7.8%	$142.4M+9.4%	$130.2M+12.2%	$116M+12.5%
2028	——	——	——	——	——
2030	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Gross Carrying Amount	$250.8M0.0%	$250.8M-0.7%	$252.6M-0.4%	$253.5M+6.9%	$237.2M+8.8%
Inventory purchase commitments	——	——	——	——	——
2026	——	——	——	——	——
Thereafter	——	——	——	——	——
Other Commitment	——	——	——	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——	——
Accrued excise taxes	——	——	——	——	——
Unrecognized tax benefits	$91.7M+1.4%	$90.4M+4.4%	$86.6M+4.3%	$83M+5.1%	$79M+4.1%
Penalties and interest accrued on unrecognized tax benefits	$13.3M+6.4%	$12.5M+7.8%	$11.6M+7.4%	$10.8M+10.2%	$9.8M+11.4%
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	——	——	——	——

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Questions, answered.

What are Fortinet's total assets?: Fortinet (FTNT) holds $9.9B in total assets, down 5.0% year over year.
How much debt does Fortinet have?: Fortinet carries $567.2M in total debt against $989.7M of shareholders' equity, a debt-to-equity ratio of 0.57.
How much cash does Fortinet have?: Fortinet holds $2.2B in cash and equivalents.
Can Fortinet cover its short-term obligations?: Its current ratio is 1.15 — current assets exceed current liabilities.
Where does Fortinet's balance sheet data come from?: Every line is extracted from Fortinet's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.